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Market News

  • Turtle Beach Island Resort in Belize will swap its diesel backup generation for a battery-powered clean energy system

    July 27, 2022

    Turtle Beach Island Resort in Belize will switch from a diesel backup generation to a battery-powered clean energy system. The On.Energy Battery Energy Storage System (BESS) will allow the resort to eliminate its reliance on fossil fuels. Source: Alt Energy Mag

  • The Caribbean Export Development Agency and CCREEE signed a cooperation agreement to grow sustainable energy business in the region

    July 27, 2022

    Caribbean Export and CCREEE agreed on framework and signed a cooperation agreement to grow sustainable energy business in the region Source: Caribbean National Weekly

  • Cubico Sustainable Investments acquired two Uruguayan wind farms with a combined capacity of around 100 MW

    July 27, 2022

    Cubico Sustainable Investments acquired two on-shore wind farms in Uruguay with a combined capacity of more than 100 MW. Source: Renewables Now

  • Electron Energy and Kroma Energia started development on a 101 MW solar farm facility in Pernambuco

    July 27, 2022

    Electron Energy and Kroma Energia partner to develop a 101 MW solar farm facility in Pernambuco. The project, which has commenced, will have four solar farms. Source: Renewables Now

  • Brazil adds 137.2 MW of wind and solar power capacity across the country in one month

    July 27, 2022

    Brazil adds 137.2 MW of wind and solar power capacity in June. They added 87.6 MW of wind and 49.6 MW of solar power across the country. Source: News Hub

  • The IDB provided Colombia a US$300 million loan for sustainable projects

    July 27, 2022

    Colombia received a US$300 million loan from the IDB for sustainable projects to reduce greenhouse gas emissions and create more jobs. The proceeds will be used to strengthen government policies in the agricultural, forestry, energy, and transportations sectors. Source: Latin Finance

  • Petrobas signed its first sustainability-linked loan for US$1.25 billion

    July 27, 2022

    Petrobas signed its first sustainability-linked loan for US$1.25 billion with plans to use the proceeds on projects to lower emissions. Source: Latin Finance

  • Unicoba issues US$23.2 million in local green bonds in Brazil

    July 27, 2022

    Unicoba, the Brazilian lithium battery and lighting manufacturer, issued US$23.2 million in local green bonds. Source: Latin Finance

  • The IDB will put up a guarantee for a bond sale by a sovereign issuer in the Caribbean by the end of the year

    July 27, 2022

    The IDB plans to put up another guarantee for a bond sale issued by a sovereign state in the Caribbean by the end of the year. Last month, they guaranteed US$200 million to support the Bahamas in the sale of US$385 million in bonds. Source: Latin Finance

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